70 Views

Listing was updated on: 11/23/2022

5000-5230 Coconut Creek Parkway

Location
Located on the southern portion of Florida’s eastern Atlantic coast near Coral Springs and Coconut Creek, Margate is a principal city in the Miami Metropolitan area which is home to more than six million residents. Unlike other cities directly on the ocean, Margate lies just inland of Pompano Beach to the west, and between West Palm Beach and Miami to the north and south respectively. Known for its golf, theme parks, and seemingly endless expanses of beautiful beaches, the area is a magnet for nature lovers, thrill seekers, and sportsmen of all stripes.

Lease
Current Capital Management Group is pleased to present the unique opportunity to lease a space in this beautiful 84,521 square foot retail plaza situated on a 246,717 square foot parcel, known as The Crossroads Shopping Plaza.

Located at the southeast corner of the signalized intersection of Coconut Creek Parkway and 441 in Margate, Florida, this property enjoys a combined traffic count of 83,710 vehicles.

There are two outparcels that help enhance the property, both occupied by national tenants, CVS and BB&T Bank respectively.

The Crossroads Shopping Center is in a unique position to build capital by raising rents to meet market standard as leases come due. The 1-mile radius around the property includes over 2.4 million square feet of retail.